Last Thursday marked the three-year anniversary of the spectacular collapse and bankruptcy of Lehman Brothers.
The ban followed the bankruptcy of Lehman Brothers and the government takeover of American International Group.
Thain hastily arranged the sale to Bank of America on a September weekend highlighted by the bankruptcy of Lehman Brothers.
The firm had a majority of its capital from outside LPs so the bankruptcy of Lehman Brothers was not fatal.
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By the end of the summer, the bankruptcy of Lehman Brothers took the Bovespa even lower, trimming well over 30, 000 points.
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But in September 2008, the U.S. financial industry seized up with the bankruptcy of Lehman Brothers, and global trade almost immediately disappeared.
That international funding source was closed after the bankruptcy of Lehman Brothers.
The most seismic event of the crisis to date, the bankruptcy of Lehman Brothers last September, demonstrated the costs of letting a big financial institution collapse.
Given the entanglement of international debts and loans, one or two small countries actually defaulting could well create another financial melt-down similar to what followed the bankruptcy of Lehman Brothers.
But by September 17th, following the bankruptcy of Lehman Brothers and the nationalisation of American International Group earlier that week, the problem started to become one of the system's solvency too.
This is something that the governments and the ECB had been determined to avoid, fearing it would lead to financial catastrophe, rather as the bankruptcy of Lehman Brothers did in 2008.
More surreal were the days following the Chapter 11 bankruptcy filing of Lehman Brothers.
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In a bit of coincidence, Saturday marks the fourth anniversary of Lehman Brothers filing for bankruptcy because of its inability to offload mortgage-backed securities.
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TEMPLE-RASTON: The committee made much of the fact that in the days before declaring bankruptcy, Lehman Brothers steered millions of dollars to departing executives.
Wheatley's most pressing task is sorting through the wreckage left by the bankruptcy of New York securities firm Lehman Brothers Holdings.
Authors Hamid Mehran, Robert Battalio, and Paul Schultz looked at the effects of the short-selling ban instituted on September 19 in the wake of the Lehman Brothers bankruptcy in a paper titled Market Declines: What Is Accomplished by Banning Short-Selling.
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Einhorn is known for sometimes successfully betting against companies like Allied Capital in 2002 and Lehman Brothers, ahead of its bankruptcy.
After a weekend of negotiations as Lehman Brothers Holdings was heading toward bankruptcy and Merrill Lynch was seeking a buyer, Wall Street firms lobbied Mr. Cox to take greater steps to curb short-selling.
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It is hoped that this will address the so-called "too big to fail" problem, that pushing these enormous firms into a full-blown and complex bankruptcy process during the height of the financial crisis - as happened with Lehman Brothers - could destroy the entire financial system.
It does not prevent bad decisions: having a quarter of shares in employees' hands did not save Lehman Brothers from bankruptcy.
As Lehman Brothers ' bankruptcy and Merrill Lynch 's acquisition by Bank of America sent investors scurrying for safety Monday, technology vendors ranging from microprocessor company Advanced Micro Devices to server vendor Sun Microsystems began to feel pain.
It was the eighth-largest corporate bankruptcy in U.S. history and the biggest on Wall Street since the September 2008 collapse of Lehman Brothers that set off the financial crisis.
News on Monday that two more Wall Street institutions had faltered -- 158-year-old Lehman Brothers filed for bankruptcy and Merrill Lynch accepted an offer to be bought out by Bank of America -- allowed the Democrats to go on the attack after being mostly on the defensive when the political debate focused on Palin and whether the phrase "lipstick on a pig" was sexist.
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